Thunderstruck Other Operating Expenses vs Ebitda Analysis
AWE Stock | CAD 0.05 0.01 9.09% |
Thunderstruck Resources financial indicator trend analysis is much more than just breaking down Thunderstruck Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunderstruck Resources is a good investment. Please check the relationship between Thunderstruck Resources Other Operating Expenses and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunderstruck Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderstruck Resources Other Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Thunderstruck Resources' Other Operating Expenses and Ebitda is -0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Thunderstruck Resources, assuming nothing else is changed. The correlation between historical values of Thunderstruck Resources' Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Thunderstruck Resources are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Thunderstruck Resources' Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Thunderstruck Resources. It is also known as Thunderstruck Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Ebitda
Most indicators from Thunderstruck Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunderstruck Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunderstruck Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Thunderstruck Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 76.5 K in 2024.
Thunderstruck Resources fundamental ratios Correlations
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Thunderstruck Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thunderstruck Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9M | 3.2M | 2.6M | 4.1M | 4.3M | 4.5M | |
Total Current Liabilities | 555.2K | 535.4K | 284.0K | 91.3K | 692.7K | 727.3K | |
Total Stockholder Equity | 1.3M | 2.5M | 2.2M | 4.0M | 3.6M | 3.8M | |
Net Debt | 17.1K | (323.5K) | 116.9K | (313.8K) | (11.5K) | (12.1K) | |
Retained Earnings | (3.0M) | (3.8M) | (4.5M) | (5.7M) | (6.4M) | (6.1M) | |
Cash | 25.5K | 587.8K | 57.6K | 313.8K | 11.5K | 10.9K | |
Cash And Short Term Investments | 25.5K | 587.8K | 57.6K | 313.8K | 11.5K | 10.9K | |
Liabilities And Stockholders Equity | 1.9M | 3.2M | 2.6M | 4.1M | 4.3M | 4.5M | |
Total Liab | 571.6K | 675.5K | 330.1K | 91.3K | 692.7K | 727.3K | |
Total Current Assets | 159.2K | 874.0K | 109.2K | 357.7K | 19.5K | 18.5K | |
Common Stock | 3.7M | 5.4M | 5.8M | 8.5M | 8.6M | 9.0M | |
Net Receivables | 110.2K | 179.4K | 18.6K | 13.8K | 6.4K | 6.1K | |
Common Stock Shares Outstanding | 11.5M | 14.5M | 17.2M | 24.1M | 25.9M | 27.2M | |
Accumulated Other Comprehensive Income | 594.6K | 918.2K | 938.5K | 1.3M | 1.4M | 1.4M | |
Net Tangible Assets | 1.0M | 1.4M | 1.3M | 2.5M | 2.9M | 3.1M | |
Accounts Payable | 529.0K | 411.3K | 155.7K | 88.3K | 101.5K | 187.0K | |
Other Stockholder Equity | 2.7M | 507.6K | 15.7K | 918.2K | 1.1M | 820.6K | |
Property Plant And Equipment Net | 1.7M | 2.3M | 2.5M | 3.8M | 176.1K | 167.2K | |
Non Current Assets Total | 1.7M | 2.3M | 2.5M | 3.8M | 4.2M | 4.5M | |
Property Plant Equipment | 872.2K | 1.4M | 1.6M | 2.1M | 2.5M | 2.6M | |
Other Current Liab | 529.0K | 411.3K | 155.7K | 91.3K | 692.7K | 727.3K | |
Other Current Assets | 23.5K | 106.8K | 33.1K | 30.1K | 1.6K | 1.5K | |
Non Currrent Assets Other | 872.2K | 1.4M | 1.7M | 4.1M | 4.7M | 4.9M | |
Other Assets | 33.2K | 47.7K | 197.8K | 1.0 | 1.15 | 1.09 |
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